International trade in services — Sea transport; Freight in Luxembourg
Luxembourg: International trade in services — Sea transport; Freight was 17 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services — Sea transport; Freight in Luxembourg, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
In 2024, international trade in services — sea transport; freight in Luxembourg stood at 17 Euros, exchange rate converted.
The figure is down 19.0% on the previous year and up 148.6% over ten years.
Over the whole period, international trade in services — sea transport; freight in Luxembourg peaked at 21 Euros, exchange rate converted in 2023 and was at its lowest, -49 Euros, exchange rate converted, in 2017.
The series is highly variable year to year, so single readings are best treated with caution.
International trade in services — Sea transport; Freight in Luxembourg, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2010 | -2 Euros, exchange rate converted | — |
| 2011 | -3 Euros, exchange rate converted | +50.0% |
| 2012 | -7 Euros, exchange rate converted | +133.3% |
| 2013 | -7 Euros, exchange rate converted | -0.0% |
| 2014 | -35 Euros, exchange rate converted | +400.0% |
| 2015 | -48 Euros, exchange rate converted | +37.1% |
| 2016 | -37 Euros, exchange rate converted | -22.9% |
| 2017 | -49 Euros, exchange rate converted | +32.4% |
| 2018 | -37 Euros, exchange rate converted | -24.5% |
| 2019 | 2 Euros, exchange rate converted | -105.4% |
| 2020 | -4 Euros, exchange rate converted | -300.0% |
| 2021 | 11 Euros, exchange rate converted | -375.0% |
| 2022 | 14 Euros, exchange rate converted | +27.3% |
| 2023 | 21 Euros, exchange rate converted | +50.0% |
| 2024 | 17 Euros, exchange rate converted | -19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -22.3 Euros, exchange rate converted | -49 Euros, exchange rate converted | 2 Euros, exchange rate converted | 10 |
| 2020s | 11.8 Euros, exchange rate converted | -4 Euros, exchange rate converted | 21 Euros, exchange rate converted | 5 |
Countries ranked near Luxembourg
- 5 Latvia -20 Euros, exchange rate converted compare
- 5 United States of America 1,050 Euros, exchange rate converted compare
- 6 Poland -36 Euros, exchange rate converted compare
- 6 Sweden 387.8 Euros, exchange rate converted compare
- 7 Belgium 241 Euros, exchange rate converted compare
- 7 Lithuania -42.1 Euros, exchange rate converted compare
- 9 Romania 10.5 Euros, exchange rate converted compare
- 10 Iceland 9 Euros, exchange rate converted compare
- 11 Czechia 5.3 Euros, exchange rate converted compare
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.8 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 1.15 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 169,223 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 6.26 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 1.78 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.15 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0021 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 302.6 current LCU per person (2025)
Frequently asked questions
- What is international trade in services — sea transport; freight in Luxembourg?
- International trade in services — sea transport; freight in Luxembourg was 17 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — sea transport; freight recorded in Luxembourg?
- The highest recorded value was 21 Euros, exchange rate converted in 2023.
- What is the lowest international trade in services — sea transport; freight recorded in Luxembourg?
- The lowest recorded value was -49 Euros, exchange rate converted in 2017.
- How does Luxembourg rank for international trade in services — sea transport; freight?
- Luxembourg ranks 8th out of 17 countries with data for 2024.
- Is international trade in services — sea transport; freight rising or falling in Luxembourg?
- Over the last ten years it is up 148.6%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services — Sea transport; Freight. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd